This policy or notice applies to all customers of PeerXP, without exception.

Introduction

The PeerXP Billing Policy is applicable for payments related to services provided by PeerXP.

Payment Options

Monthly Payments: Invoices are issued by the Billing System on the first day of each month (Invoice Date) in advance.

Annual payments: The Billing system will issue invoices for a period of one year, payable in advance.

• Customers who join after the Billing Date will have their first month's billing period adjusted pro-rata in their following invoice.
• For Enterprise customers, customized billing options such as quarterly and half-yearly are available.

Payment Terms

• GST and other applicable value-added taxes are in addition to the Subscription amounts.
• Invoices will be generated on the designated Invoice date according to the chosen Payment option (Monthly, Quarterly, or Annual).
• Payment is due within 15 days (Net 15) from the date of the invoice.

Additionally, a grace period of 15 additional days will be granted to settle any overdue invoices.

• Invoices that are not paid within a 30 day period (15 days Payment window + 15 days Grace Period) will be subject to a 2% late fee charge for each month of delay.

Payment Modes

• We accept payments via Visa, MasterCard, American Express, and UPI.
• We also accept payment via direct bank transfer or check.

TDS Policy

The payments made to PeerXP for the Technical services provided by us may be subject to a TDS deduction of 2% only, in accordance with the Income Tax rules under Section 194J (Technical Services). Please refer to the notice, as per Govt. of India guidelines.

For further details, please refer to the PeerXP's TDS Policy.

🕒 Last updated: @November 19, 2021

For any further queries, please reach out to us at [email protected].